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Zodia Custody announced that it has obtained a CSSF payment institution license from the Luxembourg financial regulatory agency, which allows it to provide stablecoin custody and transfer services in compliance with EU regulations. The company stated that this approval, based on its MiCA license, will enhance its digital asset service capabilities for institutional clients. Zodia Custody was founded in 2020 and its shareholders include multiple institutions such as Standard Chartered Bank and Northern Trust. Currently, it has obtained regulatory licenses in multiple jurisdictions. (The Block)